Accenture and Workday Expand Partnership to Enable Businesses Speed up Finance Transformation
Accenture and Workday Expand Partnership to Aid Companies Accelerate Finance Transformation


Co-innovation assists corporations like Salesforce reimagine its money procedures globally
NEW YORK Sept. 7, 2023 – Accenture (NYSE: ACN) and Workday (NASDAQ: WDAY) are growing their partnership to assistance organizations reinvent their finance functions to be more agile, facts-driven and buyer-centric. The providers are collaborating to develop a suite of knowledge-led, composable finance alternatives that can be configured and reconfigured to enable purchasers in the application and technologies, retail, and media industries be much more responsive to switching small business requirements.
The sector-unique remedies are jointly made to integrate with Workday Financial Administration to speed up the optimization of a company’s core economic operations. Run by info and analytics, the offerings will digitize procedures by way of clever automation, artificial intelligence (AI), and machine studying (ML) and will help lessen charges, increase operational efficiencies, and empower the workforce with new techniques wanted to prosper in an evolving atmosphere. The new offerings align with the Workday Sector Accelerators’ collaborative go-to-sector technique recognized last 12 months to aid tackle the rising demand from customers for digital transformation throughout many industries.

“CFOs are challenged to enhance expend and raise income margins, even though discovering new strategies to leverage details to generate financially rewarding growth,” said Emma McGuigan, senior handling director and Enterprise & Business Systems guide at Accenture. “To enable our customers be really agile and push actual-time reinvention, our expanded collaboration with Workday will present pre-built-in finance remedies that allow businesses plug the systems of tomorrow into today’s small business.”
Matthew Brandt, senior vice president of International Associates at Workday, extra, “We realize the will need for clever alternatives to allow the business of the CFO to navigate shifting enterprise environments and generate advancement for their organizations. This initiative with Accenture is an vital addition to Workday’s Field Accelerators, which merge the ability of Workday with the deep industry expertise of our companions to support pace our customers’ cloud transformations. The international partnership among Workday and Accenture delivers jointly the energy of our cloud-indigenous platform with AI and ML at the core and some of the industry’s most forward-contemplating and modern experts to aid our prospects consider gain of transformative systems to accelerate modify across their money operations when remaining adaptable and resilient.”
Accenture and Workday are doing the job with Salesforce to carry out a sturdy finance technology platform as section of its goal to supply new enterprise insights, greatly enhance agility and improve staff ordeals. With layout and execution support from Accenture, Workday Economic Management—combined with Salesforce tools—will present Salesforce with alternatives to help streamline its finance procedures and standardize its functions globally.
“Our technological innovation method is centered on adopting impressive remedies that build an agile basis for us to adapt and grow,” explained Faye Olson, senior vice president of Business enterprise Technology, Company Enablement, Salesforce. “Accenture and Workday are assisting us supply on this strategy with an adaptable finance procedure that permits us to continue to keep rate with today’s dynamic company atmosphere.”
Accenture and Workday are doing work together to develop nine offerings supposed to address precise business requires throughout 3 industries:
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- Software and engineering business methods address key worries clientele are going through all-around consumer billing—including membership and consumption billing—revenue setting up and commit optimization. Answers contain quotation-to-funds, monetary setting up and examination, and invest and money circulation optimization.
- Retail field options assist prospects with scheduling, retailer functions, and workforce management. They are built to include things like pre-packaged integrations, configurations and stories to optimize the integration of Workday Monetary Management with other very best-of-breed merchandising and stock methods, delivering finance and retailer functions teams with much better perception on stock and shop knowledge to make the right solutions offered in the ideal position a complete retail and analytics answer that supplies dashboards for shop operators to better recognize keep efficiency and a strategic workforce management alternative that gives stores with a actuality-primarily based alternative to prepare and take care of their workforce.
- Media sector offerings aim on manufacturing finance, monetization and contracts, and title amortization. They combine sector-specific platforms, reason-designed for schooling media output and the monetization of media belongings with a modern-day digital core of Workday Economic Management.



The collaboration brings together Accenture’s business and purposeful knowledge, innovation, and interoperability working experience with Workday’s robust know-how system, foundational information design and superior analytics. The expanded partnership among the two companies builds on extra than 15 several years of joint endeavours to reinforce resilience and advance know-how transformation throughout HR and Finance operations for joint shoppers around the world.
About Accenture

Accenture is a primary world professional companies organization that helps the world’s top businesses, governments and other businesses create their electronic main, improve their functions, accelerate earnings progress and enhance citizen services—creating tangible price at velocity and scale. We are a talent and innovation led organization with 732,000 folks serving clientele in extra than 120 international locations. Technological know-how is at the main of alter these days, and we are 1 of the world’s leaders in serving to travel that modify, with powerful ecosystem relationships. We combine our toughness in know-how with unmatched field practical experience, practical skills and worldwide supply functionality. We are uniquely ready to deliver tangible outcomes simply because of our broad range of expert services, options and belongings throughout Approach & Consulting, Technology, Operations, Industry X and Accenture Track. These capabilities, together with our society of shared accomplishment and determination to making 360° value, permit us to aid our consumers realize success and create dependable, long lasting interactions. We measure our good results by the 360° worth we create for our clients, each and every other, our shareholders, partners and communities. Stop by us at www.accenture.com.
About Workday
Workday is a top company of business cloud apps for finance and human methods, supporting prospects adapt and thrive in a altering world. Workday apps for fiscal management, human assets, arranging, commit management, and analytics are designed with artificial intelligence and device discovering at the main to enable corporations all around the planet embrace the long term of work. Workday is used by much more than 10,000 companies all-around the planet and across industries—from medium-sized corporations to extra than 50% of the Fortune 500. For far more data about Workday, take a look at workday.com. © 2023 Workday, Inc. All legal rights reserved. Workday and the Workday emblem are registered trademarks of Workday, Inc. All other brand name and solution names are trademarks or registered logos of their respective holders.
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Contacts:
Hannah Unkefer

Accenture

+1 206 839 2172

[email protected]


Workday

[email protected]


Copyright © 2023 Accenture. All rights reserved. Accenture and its symbol are emblems of Accenture.


© 2023 Workday, Inc. All legal rights reserved. Workday and the Workday logo are registered logos of Workday, Inc. All other brand and merchandise names are logos or registered trademarks of their respective holders.


Salesforce and other folks are amid the emblems of Salesforce.com, Inc.